PS
I’m not surprised yopu find everything I say in poor taste but time and again someone who has been quietly lurking steps forward and agrees with me not you. You also show a lack of any sense of humor. Farls asked a question and I answered it. Here are the facts. Your friend has sold 3 homes in his career per the MLS and one was to a relative. The other 2 sales were 100% financed within the last 30 days. You rip apart agents and lenders that do this but fail to condemn “your friend” when he does. The buyer’s he attracted so far both had hispanic surnames and finaced 100% of their purchases. He has sold homes to people w/o any equity beleiving that prices were going down. Surely he must know these people are heading for trouble?
As for Jim the realtor (no we arent the same people), I have a good deal of respect for him. Though I dont know him personally, I beleive he’s bright, honest, skilled and ethical. However, to say he knows data and I dont is far from accurate. If we both sat down with spreadsheets and calculators, I could run circles around him. Here’s the difference between us. Jim and I both know that the raw data is absolute garbage (ever heard the saying GARBAGE IN….GARBAGE OUT). While Jim beleives you can follow trends of flawed data, my experience with complex market research studies and statistical analysis does not let me beleive this (nor would the 2 former marketing executives of Fortune 50 companies that I have directly reported let me). I have found that my gut intuition is a far accurate and reliabel predictor of what is coming than the data.
here’s what I find in poor taste. You promoting some Realtor again that you know nothing about. I gave the facts of what he has done. Maybe he has sold a bunch outside of the MLS that I dont know about. I dont remember who on this board said it, but the best way to judge a person is by their actions not their words.
Lastly, The funniest part is you accusing me of skimming threads. Time and again you pick what you want out of my posts yet ignore the MAJOR POINTS I make.